[Code of Federal Regulations]

[Title 20, Volume 1]

[Revised as of April 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 20CFR228.20]



[Page 472]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 228_COMPUTATION OF SURVIVOR ANNUITIES--Table of Contents

 

                 Subpart B_The Tier I Annuity Component

 

Sec.  228.20  Reduction for an employee annuity.



    (a) General. If an individual is entitled to an annuity as a 

survivor, and is also entitled to an employee annuity, then the survivor 

annuity must be reduced by the amount of the employee annuity. However, 

this reduction does not apply (except as provided in paragraph (b) of 

this section) if the survivor or the individual upon whose earnings 

record the survivor annuity is based worked for a railroad employer or 

as an employee representative before January 1, 1975.

    (b) Tier I reduction. If an individual is entitled to an annuity as 

a survivor, then the tier I component of the survivor annuity must be 

reduced by the amount of the tier I component of the employee annuity 

after reduction for age. Where the survivor is entitled to a tier II 

component and either the survivor or the employee had railroad earnings 

before 1975, a portion of this reduction may be restored in the 

computation of the tier II component (see Sec.  228.52 of this part).



[[Page 473]]